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20130615
20130623
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KQED (PBS) 43
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English 43
Search Results 0 to 42 of about 43 (some duplicates have been removed)
PBS
Jun 19, 2013 7:00pm PDT
>>> the incoming data supports the economy can sustain a reasonable cruising speed. we'll ease the speed to gradually to pace purchases, however any movement made by considering the brakes by raising short term rates are far in the future. >> the tail of the taper, the federal reserve chairman lays out a road map for scaling back on stimulus. bond yields jump and we'll see what it mens for your investments. >>> treating obesity, 1/3rd of american adults and 17% of children are considered to have a disease and could have implications for doctors, patients, insurers and health care. >>> congress questions the effectiveness of a safety mandate and skrud news the mandate. that and more tonight on nightly business report for wednesday, june 19th. >>> ben bernanke has spoken and now investors all around the world have a much better idea of when the federal reserve will start cutting back on the massive stimulus program. the fed chairman said that process could begin later this year and the bond purchases could end completely by the middle of 2014 but only if unemployment and housing
PBS
Jun 21, 2013 2:30pm PDT
. >> the economy has suffered, and so have local businesses. in that sense, i do not support further protests, but if the prime minister had expressed himself better, if he had been more accommodating, things would never have got so bad. he likes to project power. this is how he travels to his political rally. to his critics, the heavy- handed police response to the protest symbolizes the heavy- handed attitude of his government. for some, enough is enough. >> they do not want to be told how to lead their lives, how many children they should have, what kind of bread they should eat, what they should drink or not. they are just fed up. it is also partly a reflection of the fact that people decided that they needed to speak up, to sort of remind the government that there are these other people out there who have a different view of how the country should be run and that their views should be respected and taken into account. >> so at 9:00 every night, they bang their pots and pans in noisy protests against the government that has won three elections and looks set to win another. they are callin
PBS
Jun 21, 2013 7:00pm PDT
on whether the economy continues to improve. gone in two days were was last two months of gains in the stock market. for the year stocks are up more than 12%, even if a lot of us have doubts about the health of the economy. >> unemployment needs to be fixed, housing market. >> i'm worried about the economy. >> reporter: what is next? the year is almost half way down. corporate reports will come out soon and experts are nervous, housing recovery, mortgage rates are inching up. >> these stocks will be volatile until we get clarity on what the feds are doing. >> reporter: there is no shortage of opinions even inside the fed itself. jim bullard said the bond buying was inappropriate time. >> i think the fed was purposely trying to take air out of the housing market and stock market. they don't want the stock market going up 20% every six months and house prices rising 10% year after year. >> reporter: they took bernanke at his word, the economy is recovering and a policy charge is a short-term shock to the system. >> we're babying, over medicating this economy. this economy is like a 12-year-old
PBS
Jun 20, 2013 7:00pm PDT
? or is this a chance to take advantage of lower asset prices just as the economy shifts into a higher gear? >> one point we think a lot of investors are missing, though, is that the fiscal drag to the economic growth scenario for the u.s. next year becomes far more favorable. >> let's get prospective from phil orlando. phil, as always, good to see you. question number one, is this bull market interrupted or bull market fatally wounded. >> we're just interrupted, tyler. there is no question the sell off was a reaction but the market is missing it. the federal reserve in our view is going to be making a data dependent decision. for them to pull it that's been aggressive for a number of years, they have to believe the economy is ready to grow at 3% or better and they wouldn't pull the accommodation if they felt the economy was weak. so that's a positive, not a negative. >> basically, it seems to me, phil, that what chairman bernanke said yesterday is what he's been saying for months. he did put more sharp points on it but what occurs to me is that the sentiment in the market has changed. a month ago
PBS
Jun 20, 2013 6:00pm PDT
." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> suarez: the prospects for passage of immigration reform, by a big margin, appeared to brighten considerably today. supporters talked hopefully that they'd met demands for greatly expanded policing of the border with mexico. >> madame speaker, i rise to speak. >> suarez: two republicans went to the senate floor this afternoon to announce a potentially critical compromise on a key sticking point for many in the g.o.p. >> americans want immigration reform, of that there is no doubt. they want us to get it right and that means first and foremost securing the border. >> some people
PBS
Jun 19, 2013 12:00am PDT
december kay and economies die." >> while we spend a lot of times talking about how poor economies can improve their institutions to get richer, we don't talk about how rich countries can get poorer. >> rose: we conclude with george packer. his book is called "the unwinding: an inner history of the new america." >> i the book appeals to people who are of different political persuasions who say "that's it. that's what life in america has been this past generation. it's been a time of winners and losers, of old institutions that used to support middle-class people eroding and instead a kind -- a landscape where people are on their own and some people do very well and some people do not and the ties that have held us together as a people seem to be getting looser. >> rose: naill ferguson and george packer when we continue. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. ferguson is here. his new book is called "great degeneration: how institutions decay and economies die." in his book he argues that the west is in decline and he examine
PBS
Jun 21, 2013 12:00am PDT
is in cities and metropolitan contraries because these are the engines of the economy, centers of trade and investment. top 100 metros so only one ace of the land mast, two-thirds of the population, three quarters of the gdp and on every indicator that matters, infrastructure and human capital and innovation. 75, 80, 85, 90% of the nations share. there really is no american economy. what we have is a network of metro economies and they're now stepping up and doing the hard work. >> but at the same time we all know that some of the toughest economic challenges are the state and local level. >> absolutely. but the great thing about metropolitan areas is they're not just governments. you know, the federal government is a government. state governments are government, metropolitan areas are networks. and we see that these networks are finding really creative and beneficial ways. >> rose: networks between what? >> networks of different companies, different philanthropic groups, different individuals, all coming together. they have loose or tight connections. and they can fund things more-- in
PBS
Jun 19, 2013 2:30pm PDT
. the chinese economy opened up a world of opportunities. a world of brand new shoppers. >> farmers are leaving these fields and are not becoming just workers but consumers. they are off to join the middle class. >> welcome to our viewers on public television and around the globe. kennedy'sfter john f. famous speech in berlin -- president obama a vote the cold war -- with a call to stop nuclear weapons. he asked for the u.s. and russia to reduce their stockpiles by one-third. the reaction from moscow was dismissive. >> president obama inspected the troops in the city that has known to much war. facing east of the brandenburg gate, he was cheered for removing his coat. >> i am feeling so good i am going to take off my jacket. >> speaking from behind bulletproof glass, he said the city has withstood war but has to be torn down. >> we can say in berlin and europe, our values one, onwon.ce and freedom >> he said they had to help people in burma and afghanistan. >> these people want to join the free world -- free world. they want our support because they are citizens of berlin in their own way. >> h
PBS
Jun 19, 2013 4:00pm PDT
talks with the taliban. the chinese economy opened up a world of opportunities. a world of brand new shoppers. >> farmers are leaving these fields and are not becoming just workers but consumers. they are off to join the middle class. >> welcome to our viewers on public television and around the globe. kennedy'sfter john f. famous speech in berlin -- president obama a vote the cold war -- with a call to stop nuclear weapons. he asked for the u.s. and russia to reduce their stockpiles by one-third. the reaction from moscow was dismissive. >> president obama inspected the troops in the city that has known to much war. facing east of the brandenburg gate, he was cheered for removing his coat. >> i am feeling so good i am going to take off my jacket. >> speaking from behind bulletproof glass, he said the city has withstood war but has to be torn down. >> we can say in berlin and europe, our values one, onwon.ce and freedom >> he said they had to help people in burma and afghanistan. >> these people want to join the free world -- free world. they want our support because they are citizens
PBS
Jun 17, 2013 3:00pm PDT
. rohani called for moderation and for reviving iran's economy. in recent years, international sanctions aimed at rean's nuclear program helped fuel rising inflation and high unemployment. rohani presided over nuclear talks with the west between 2003 and 2005. but today the president elect was not support ceasing iranian enrichment. >> we will make nuclear talks more active. this is a problem. solution to the nuclear problem is just talks. neither threats nor sanctions will work. >> ifill: he left open the door to improving relations with the united states. >> the problem complicated and difficult. there's an old wound that should be dealt with with prudence. of course we are not seeking tension or increase can the tension. common sense says our two countries should think about the future more than the past. >> u.s. officials cautiously welcomed rohani's victory but state department spokeswoman said the obama administration wants to see more. >> we look forward to him and are hopeful that he will fulfill the campaign promises he made to the iranian people such as expanding personal
PBS
Jun 19, 2013 3:00pm PDT
reserve painted a brighter picture of the economy today. the central bank estimated unemployment will fall a little faster than expected this year and next. chairman ben bernanke said that means the fed may start scaling back its stimulus efforts later this year. he promised it will come in measured steps, to reassure investors. >> we are in a more complex type of situation, but we are determined to be as clear as we can, and we hope that you are and your listeners and the markets will all be able to follow what we're saying. >> sreenivasan: bernanke's words did little to reassure wall street today. stocks fell sharply on fears that if the fed curtails its bond-buying program, interest rates will rise and growth will slow. the dow jones industrial average lost 206 points to close at 15,112. the nasdaq fell nearly 39 points to close at 3,443. the internal revenue service is taking new fire-- this time over plans to pay bonuses to employees. republican senator chuck grassley of iowa said it comes to $70 million, despite a white house directive to cancel such payments due to automatic spendin
PBS
Jun 14, 2013 7:00pm PDT
% under valued and as the economy stabilized, we think investors will return to those names. >> okay. >> now you can do stock selection there but given the risk, we think bundling them into a single eft is the way to go. >> let's start with discover financial, dff on the big bored. why do you like this one? >> well, we like this one and largely because it's got a hidden gem. in audition to the well-known credit card component of their business, they are also one of the three players in the payment processing business. so you've got the bank networks, you've got american express and you've got discover and discover is taking market share from the banks and american express faster than anybody else. they signed an agreement with paypal that gives them a tremendous opportunity for growth over the next several years and in audition to that they are a balance sheet lengther and as those credit card balances grow, so do their earnings. the old hp, they messed up a bit, maybe over paid on the acquisition with the most recent earnings, it sounds like they turned the corner there. >> any disc
PBS
Jun 20, 2013 4:00pm PDT
. this is singapore's central business district, the poor sink -- pulsing heart of singapore's economy, but today, you see the building stranded and smoke. there is a dry, accurate taste in the air. you can feel it in the back of your throat. -- there's a dry, accurate -- there's a dry, acrid taste in the air. his is where the fumes are coming from. hotspots on the indonesian island of sumatra where farmers use/and burn techniques to clear the land -- use slash and burn techniques to clear the land. >> ideally, we would like the fires to be put out. if any of these fires were illegally started, then whoever is responsible for them to be brought to justice. for the long term, what we need to do is cooperate with the indonesians as we have been to work on developing sustainable agricultural practices. >> the cost of the smog is yet to be counted, but it could be in the billions. had economichaze costs estimated at more than $9 billion and reportedly made 20 million people ill across the region. looks ugly there in singapore. you are watching "bbc world news america." still to come -- what do this briti
PBS
Jun 21, 2013 7:30pm PDT
not a lot of people who wanted to take down dams. with the bad economy there is not a lot of money to pay for it. this project is goingó[ to jump-start this movement again. it's closely watched by engineers andçó biologistshnoun the country. >> it'st(çó obsolete.é@ if you have an old car or "tclding, after a while there is only so many times you canqxd k fixing it before you need to buy a new one. this dam was built when warren g. harding was president, 92 years ago. overtime the dams silt up behind them. that comes down thejf river and help replenish beaches gets stuck and the water gets fullq up. this reservoir!u is 95% full. a bunch of dirt and filled it almos4ñá alljf the way on and t ont( the water, you only store bit of water. it's useless. statet( engineers said in an earthquake it could collapse. if it collapsed, the amount of mud and sand behind that can fill 250,000 dump trucks. it would kill everything in the river and take out about 1500 houses. >> how are they going to get rid of itfá all? >> it's lpÑiinteresting. th the bottom withxd dynamite andw press the plun
PBS
Jun 20, 2013 12:00am PDT
not only these philanthropic activities but also his look at the economy and his look at the alternative investment world. so welcome. >> good to be here. >> rose: let me start with the chinese scholars program. is it your hope to do something like cecil rows did with the rhodes scholarship. >> absolutely. what he was doing was a little bit defendant he was taking people from the british empire fundmentally plus america and sending them to oxford. he started his scholarship in 1920 which reflected the 19th century. >> rose: what are you trying to do. >> i'm trying to be in the 21st century using the same model of attracting terrific kids who finished college for a year in graduate school. these are kids that are going to be successful anyhow. what we're trying to do is create a group of future leaders, thought leaders from around the world. so we're going to have 45% americans, 20% chinese, and 35% from the rest of the world, from the top 20. >> rose: from latin america, from europe, from africa, from whatever. >> absolutely. and then what we're trying to do is introduce them to china
PBS
Jun 15, 2013 12:00am PDT
, the economy's going to try to do a lot of things, which is one open up our doors to people, for example, in harlem which is right around the corner from me. so it would be nice to have some of these great young athletes instead of playing basketball, for example, or football, that they choose tennis. and that there's a means and a ways possibly that they could get themselves from doing something possibly not good to possibly doing something great for their country. >> rose: and one of the great golf writers around, jaime diaz, talks about the u.s. open at marion. >> and tiger used to do it better than anyone. just like jordan would do it at the end of the game. that was allure and tiger had that allure. he still has it but he's been fighting himself to some extent and he hasn't been able to do it at a major and that's the ult mast test and that's the thing he lived for. so the drama now is seeing if he can do that again. that's what people are watching and wondering. >> rose: and some rules for life and management from donald rumsfeld. he calls it "rumsfeld's rules." >> and the greatest
PBS
Jun 18, 2013 12:00am PDT
and internationally. but we've talking about the two biggest economies in the world. we have to get this relationship right and china does need to be a stakeholder and i think they recognize that but, look, but they have achieved such rapid growth and grown so fast, almost on steroids that there's a part of them that still thinks of themselves as this poor country that's got all these problems. the united states is the big cheese out there trying to dictate things, perhaps trying to contain our rise. so i think what you're seeing is maybe the desire to continue not to be responsible, not to be a full stakeholder, work the international system on something like trade or intellectual property rights. get as much as they can and be free writers and let the united states worry about the big hassles and problems. at the same time, a growing nationalist pride where they say we're big, too, and we should be seen as equals on the world stage and what we're saying to them is you can't pick and choose. you can't have all the rights of a major world power but none of the responsibilities. and if you accept both
PBS
Jun 18, 2013 3:00pm PDT
economy for 160 years. bnsf, the engine that connects us. >> by bp. >> and by at&t. >> and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: it could be a breakthrough moment in the longest conflict in american history. u.s. and afghan peace negotiators are going to sit down with the militants who've been battling american troops since 2001. after 12 years of war, senior u.s. officials now say direct talks with the taliban are scheduled to begin within the next few days. the news came as president obama wound up a meeting with french with the at the g8 summit in northern ireland. the president said that the taliban must come prepared to make concessions. >> including the taliban is going to need to accept an afghan constitution that pronounces against violence is committed to
PBS
Jun 14, 2013 6:00pm PDT
the detention facility at guantanamo bay, cuba. the latest data on the u.s. economy left something to be desired today. factory output barely rose in may, and consumer sentiment fell in june. wall street reacted with a friday sell-off. the dow jones industrial average lost nearly 106 points to close at 15,70. the nasdaq fell nearly 22 points to close at 3,423. for the week, both the dow and the nasdaq lost more than 1%. those are some of the day's major stories. now, back to judy. >> woodruff: today the city of detroit, and its creditors, were presented with a series of painful options. retired city workers were warned of significant cuts in pensions and health insurance and creditors were told the city won't be able to pay them back. the day started with an announcement that the government already defaulted on some debt. it got worse from there. ray suarez has the story. >> make the banks pay. >> suarez: a handful of protesters picketed outside the westin hotel this morning, while inside, detroit's emergency manager kevyn orr laid out a last-ditch plan to 150 creditors to accept pennies on the
PBS
Jun 16, 2013 3:00pm PDT
a rational and positive immigration program will choke this economy. it's not a good idea. >> it will be good for every worker here. every day we wait is a day we've lost. >> how about that? youhen the is the last time saw those two on the same page? >> i think it was the united way mable for the nationals redskins parade and that's it. >> quite bluntly to put it in political terms. the senator from arizona says this makes it difficult for republicans to compete nationwide and state by state. it's tough to compete for people's votes on any issue when they believe you don't like them and that's where the republicans are right now. and john boehner has a real problem because you saw what they did last week. with steve cain in the lead from iowa they repealed the dream act which is enormously popular and hurt republicans in the 2012 election and i don't think it argues well for the immigration in the house. >> you don't think this thing is going to make it? >> right now i think what boehner wants to do is get the house judiciary committee to break it up bit sizes to pass something so he doesn't
PBS
Jun 17, 2013 7:00pm PDT
of the $72 trillion global economy are meeting to discuss a whole array of issues. that set by the agenda of david cameron. key nations such as the united states, russia and japan are all here to discuss trade issues, there are great hopes of a trade deal between europe and the united states that could be worth up to $100 billion in the united states. we're going to be talking about tax avoidance issues which could have ramifications for companies such as amazon and google. those companies say we are abiding by the laws of those countries. elsewhere the whole syrian issue overriding a lot of talks. there's a big dispute between president putin of russia and the rest of the g8 nations about what to do. president obama said to me earlier today, the talks had been excellent between himself and russia. there appears to be an opinion about how to resolve this crisis. for nightly business report, i'm steve sedgwick. >> in another bit of international diplomacy. the european union is likely to approve the plan without any conditions. the $10 billion deal would combine the owner of the new york s
PBS
Jun 18, 2013 10:00pm PDT
trouble in this bad economy are borrowing from their 401(k)s... >> the number of workers borrowing from their accounts has reached a ten-year high... >> a record number of workers now raiding their 401(k)s... >> martin smith: let's begin with one simple fact: america is facing a retirement crisis, and the statistics are grim. half of all americans say they can't afford to save for retirement. one third have next to no retirement savings at all. >> i just don't know if i'll be able to save that much. god willing, social security will still be there. for someone like me, it'll probably be enough to keep me out of poverty. >> the retirement fund gets sliced and diced and divvied up for wall street to play with... >> i'm just going to have to somehow find a way to save 10% of my salary or 15% of my salary, which is probably what i need to actually be saving to have any shot of retiring, you know, not on food stamps. yeah, i don't know. hope to be able to retire. >> recently i've started to look into how to make more money, how to increase my income while still teaching. it's tough to really
PBS
Jun 21, 2013 6:00pm PDT
. the economy is in far more stable and a much better place than it was before. but what's happened now over the last two or three years is that we've seen a sharp slowdown in growth and an uptick in inflation. and i think those two things combined have fed through into frustration, a broader frustration that people have learned and have appreciated and have come to understand the benefits of having an economic stability. they see where the country should be going and they have had a taste for a bit of equality, a bit more of an improvement in quality of life and now they're concerned that they're going away. that that is slipping out of their hands. >> warner: and why has the hosting of the world cup, what, a year from now, and the olympics become such a sort of rallying cry of this protest? >> well, i think we have to remember that these protests have by coincidence come at the same time as a warmup tournament for next year's world cup. it's called the confederations cup. these enormous stadiums that were built to host these events are being used for the very first time. so all of a sudden
PBS
Jun 21, 2013 8:00pm PDT
person today and said the best thing about the g-8 is we didn't talk about the economy. because in fact they didn't need to. it wasn't a crisis compared to previous g-8's. the absence of bad news on that front was good news. gwen: that's ok. they came home and the stock market crashed. and one more thing about this and as we talk about the pullout. we talked about this table before about the deadlines for withdrawing and ending this war formally in afghanistan. how much more difficult is it from now -- between now and next year when this is actually supposed to be done, we've done the political handover, we've done the tactical handover, now what? >> well, we have to figure out a way to responsibly draw down the force. the forces. the nato and u.s. forces without completely leaving the afghan forces in the limb. what the administration has been trying to say all along is this is a gradual process that's been taking place over time and not just abandoning them. that we've trained them and we're going to still be there in the background helping them in one way or another. the other questi
Search Results 0 to 42 of about 43 (some duplicates have been removed)